Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 29 contracts
Samples: Business Loan Agreement (Stater Bros Holdings Inc), Employee Loan Agreement (Commerce One Inc / De/), Loan Agreement (Tako Ventures LLC)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 23 contracts
Samples: Business Loan Agreement (Roseville Communications Co), Loan Agreement (California Jockey Club), Business Loan Agreement (Pricesmart Inc)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any)the Offshore Rate described in Section 5, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 3 contracts
Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)
Banking Days. Unless otherwise provided in this Agreement, a banking day "Banking Day" is a day other than a Saturday or a Sunday Sunday, on which the Bank is open for business in California. For amounts bearing interest at an offshore rate Offshore Rate (if any), a banking day Banking Day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day Banking Day will be due on the next banking dayBanking Day. All payments received on a day which is not a banking day Banking Day will be applied to the credit applicable Line of Credit on the next banking dayBanking Day.
Appears in 3 contracts
Samples: Commercial Loan Agreement (Novellus Systems Inc), Commercial Loan Agreement (Arlen Corp), Commercial Loan Agreement (Novellus Systems Inc)
Banking Days. Unless otherwise provided in this Agreement, a ------------ banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 2 contracts
Samples: Business Loan Agreement (Kinetics Group Inc), Business Loan Agreement (Prolong International Corp)
Banking Days. Unless otherwise provided in this AgreementLoan Agreement or other document executed in connection with any of the loan(s), a banking day "Banking Day" is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate Optional Interest Rate (if any), a banking day Banking Day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements disbursement which would be due on a day which is not a banking day Banking Day will be due on the next banking dayBanking Day. All payments received on a day which is not a banking day Banking Day will be applied to the credit applicable loan(s) on the next banking dayBanking Day.
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Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than that a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.. -------------------------------------------------------------------------------- -5-
Appears in 1 contract
Samples: Agreement (Variflex Inc)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday Saturday, Sunday or a Sunday other day on which commercial banks are authorized to close, or are in fact closed, in the Bank is open for business in state of California. For , and, if such day relates to amounts bearing interest at an offshore rate (if any), a banking means any such day is a day other than a Saturday or a Sunday on which dealings in dollar deposits are conducted among banks in the Bank is open for business in California and dealing in offshore dollarsdollar interbank market. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Samples: Pledge Agreement (Central Valley Community Bancorp)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any)a LIBOR Rate, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California California, New York and London and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.. 4.6
Appears in 1 contract
Samples: California Water Service Co
Banking Days. Unless otherwise provided in this Agreement, a banking banking-day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Samples: Sunrise Telecom Inc
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.. ------------------------------------------------------------------------------- LCA1IndL (9/93) - 2 - 61-SLAZV01
Appears in 1 contract
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an 6 offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Samples: Agreement (SRS Labs Inc)
Banking Days. Unless otherwise provided in this Agreement, Agreement a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Samples: Loan Agreement (Farr Co)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. .[ For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. .] All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
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Banking Days. Unless otherwise provided in this Agreement, a banking day "Banking Day" is a day other than a Saturday or a Sunday on which the Bank Agent is open for business in California. For amounts bearing interest at an offshore rate Offshore Rate Credits (if any), a banking day Banking Day is a day other than a Saturday or a Sunday on which the Bank Agent is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day Banking Day will be due on the next banking dayBanking Day. All payments received on a day which is not a banking day Banking Day will be applied to the credit applicable Line of Credit on the next banking dayBanking Day.
Appears in 1 contract
Samples: Security Agreement (Titan Corp)
Banking Days. Unless otherwise provided in this Agreement, a banking day "Banking Day" is a day other than a Saturday or a Sunday on which the Bank Agent is open for business in California. For amounts bearing interest at an offshore rate Offshore Rate Credits (if any), a banking day Banking Day is a day other than a Saturday or a Sunday on which the Bank Agent is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day Banking Day will be due on the next banking dayBanking Day. All payments received on a day which is not a banking day Banking Day will be applied to the credit on the next banking dayBanking Day.
Appears in 1 contract
Samples: Commercial Loan Agreement (Compass Plastics & Technologies Inc)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any)a LIBOR Rate, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California California, New York and London and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Banking Days. Unless otherwise provided in this Agreement, Agreement a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Banking Days. Unless otherwise provided in this Agreement, a banking day Banking Day is a day day, other than a Saturday or a Sunday Sunday, on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day Banking Day will be due on the next banking dayBanking Day. All payments received on a day which is not a banking day Banking Day will be applied to the credit on the next banking dayBanking Day.
Appears in 1 contract
Samples: Business Loan Agreement (Global Vacation Group Inc)
Banking Days. Unless otherwise provided in this Agreement, a banking day is its a day other than a Saturday or a Sunday on which the Bank is open for business in California. [For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. .] All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day day, other than a Saturday or a Sunday Sunday, on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Samples: Business Loan Agreement (Pacific Sunwear of California Inc)
Banking Days. Unless otherwise provided in this Agreement, a banking day "Banking Day" is a day other than a Saturday or a Sunday on which the Bank Agent is open for business in California. For amounts bearing interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day Banking Day will be due on the next banking dayBanking Day. All payments received on a day which is not a banking day Banking Day will be applied to the credit on the next banking dayBanking Day.
Appears in 1 contract
Samples: Commercial Loan Agreement (Compass Plastics & Technologies Inc)
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. [For amounts bearing interest Interest at an offshore rate (if any), a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California and dealing in offshore dollars. .] All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract
Banking Days. Unless otherwise provided in this Agreement, a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California. For amounts bearing interest at an offshore rate (if any), LIBOR Rate a banking day is a day other than a Saturday or a Sunday on which the Bank is open for business in California California, New York and London and dealing in offshore dollars. All payments and disbursements which would be due on a day which is not a banking day will be due on the next banking day. All payments received on a day which is not a banking day will be applied to the credit on the next banking day.
Appears in 1 contract